Welcome to The Procenko Team blog
A place to go for current real estate news, local events and neighbourhood happenings (and other cool things).
June 2024 home sales in the GTA were lower compared to the same month last year. Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase decisions on hold.
Tired of struggling with your paper clutter? Here's a sure-fire way to clear your paper clutter. Get ready to roll up your sleeves, get to work, and say goodbye to the stress and all those papers you don't need!
May home sales continued at low levels, especially in comparison to last spring's short-lived pick-up in market activity. Home buyers are still waiting for relief on the mortgage rate front.
Getting your home ready for sale involves skillfully navigating the fine line between boosting its allure and steering clear of unnecessary upgrades that may not result in a favourable return on investment (ROI).
As we move through the Spring, the anticipated interest rate cuts may soon materialize. We anticipate increased demand for home ownership once the first cut is announced.
Decluttering? If you have gently used clothing, furniture, home items or electronics that you aren't using anymore, consider selling them online. The 'social' marketplace makes it quite easy to sell your items without even leaving your home.
Toronto's Early Spring Market is Gaining Momentum. The first quarter of 2024 concluded with a notable uptick in sales, with an 11% year-over-year growth and an 18% increase in new listings.
The decision to make a lifestyle change can be a daunting one, but the longer you wait, the more you're sacrificing. Waiting for the "perfect" time or situation can cost you valuable time and the opportunity to live your life to the fullest.
A spring resurgence is on the way as home sales, new listings, and sales prices all edged upward in February.
The market is definitely picking up. Compared to this time last year, GTA homes sales in January 2024 increased by an impressive 37 percent, with 4,223 sales reported as compared to 3,083 in January 2023.
Compared to this time last year, GTA home sales in December 2023 increased by 11.5% percent, while the average selling price grew by 3.2 percent reaching $1,084,692.The number of GTA home sales in 2023 came in at less than 70,000 due to affordability.
High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year's trough in supply.
You've had it with clutter. Maybe you want to move and don't want to take most of your stuff with you, or you just want to live a simpler life. Either way, you've decided that now is the time to start letting go of your stuff. Not so fast...
Lack of affordability and uncertainty remained issues for many would-be home buyers in the Greater Toronto Area (GTA) in October 2023. As a result, sales edged lower compared to last year. However, selling prices remained higher than last year's levels.
Moving to a new home can be both exciting and stressful, especially if you haven't moved in quite some time. As REALTORS, we've certainly heard our share of horror stories. Here are some tips on how to get through the inevitable move and keep your cool.
The fall market is off to a calm start as home supply builds giving buyers less competition and more choices. The uncertainty around the Bank of Canada's upcoming interest rate announcement is also creating some hesitancy for home buyers
Having a scarcity mindset may be the reason you're reluctant to let go of clutter. While not as serious as hoarding, this can be one of the biggest roadblocks preventing you from reclaiming your space and living a happy and healthy, clutter-free life.
With continued uncertainty about the economy and the Bank of Canada's decision-making, increased borrowing costs, and a constrained supply of listings, the month of August resulted in fewer home sales compared to the previous year.
Having a good credit score is crucial for buying a house as most mortgage lenders use it to assess the buyer's creditworthiness. Here's what you need to know about credit scores to buy a property in Canada.
Moving your entire life to a new location takes time, money and causes considerable disruption to your life. So why do so many people choose to willingly move to a new home? Here's ten solid reasons people choose to move on to a new place to live.
GTA home sales, new listings and home prices were up in July 2023 in comparison to July 2022. The market experienced more balance in July compared to June, with sales trending lower while new listings were up.
When moving, you become physically and energetically uprooted. For most of us, this can feel quite unsettling. It makes sense that the faster you unpack and settle in, the better you'll feel. Here's advice on how to settle into your new space with ease.
Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year's levels.
The GTA housing market continued to improve from a sales perspective in May 2023. Unfortunately, the supply of homes for sale did not keep up with the demand for ownership housing.